PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) — Cash Flow Reinvestment Rate
PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) has a Cash Flow Reinvestment Rate of 2.88x as of December 2025, reinvesting €178.82 Billion (capex €6.16 Billion plus investments €172.66 Billion) from operating cash flow of €62.08 Billion. See 3YB0 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
PO.S.B.O. UNSP.ADRS/20YC1 Cash Flow Reinvestment Rate (2021–2025)
Historical reinvestment intensity for PO.S.B.O. UNSP.ADRS/20YC1 across 5 annual periods. For the full cash flow conversion analysis, see 3YB0 cash flow conversion.
Annual Cash Flow Reinvestment Rate for PO.S.B.O. UNSP.ADRS/20YC1 (2021–2025)
Year-by-year capital reinvestment analysis for PO.S.B.O. UNSP.ADRS/20YC1. See PO.S.B.O. UNSP.ADRS/20YC1 leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.43x | €176.29 Billion | €412.06 Billion | €13.76 Billion | ▼ -64.6% |
| 2024 | 1.21x | €480.52 Billion | €397.28 Billion | €20.35 Billion | ▲ +31.4% |
| 2023 | 0.92x | €242.48 Billion | €263.34 Billion | €12.96 Billion | ▼ -14.5% |
| 2022 | 1.08x | €511.68 Billion | €474.91 Billion | €12.40 Billion | ▼ -35.5% |
| 2021 | 1.67x | €183.07 Billion | €109.56 Billion | €13.85 Billion | — |